Golf Money Loaned To Other PG Funds In 2003

More than $1 million was transferred from Pacific Grove’s golf enterprise fund to three other city funds, according to a partial audit report released this month.

Among other issues, the report by the Harvey Rose Accountancy Corp. focused on fund-to-fund loans, specifically more than $1 million of golf course enterprise money loaned to three other city funds as of June 30, 2003.

Hear-old reported it as 2005 – a serious error.

Golf Money Loaned To Other  PG Funds In 2003